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What Is CPR And Its Importance To The Brazilian Agriculture Finance?

In the eighties, when several economic crises forced the public sector to reduce its budget and caused the bankruptcy of the credit system in Brazilian agriculture, a new instrument was developed: CPR (certificate of rural product).

This paper presents a discussion of what is CPR, how this new instrument of credit has been developed and how it is important for producers to finance their activities.


Author(s): Ponchio L.A. (1), Spolador H.F.S. ( 1)

Organization(s): linked to ESALQ (“Luiz de Queiroz”) (1)

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